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Mx51 Raises $32.5 Million Series B To Gear Up For International Expansion

Jul 28, 2022over 3 years ago

Amount Raised

$32.5 Million

Round Type

series b

SydneyBankingLendingFintechFinancial Services

Description

Payments technology company mx51 has successfully raised $32.5 million in a Series B round led by an undisclosed global fintech investor. Major existing investors including Mastercard, Acorn Capital, Commencer Capital, Rampersand and Artesian participated in the latest financing.

Company Information

Company

mx51

Location

Sydney, New South Wales, Australia

About

mx51 is a bank-grade, payments-as-a-service platform, enabling banks and non-bank acquirers to provide modern and seamless multi-channel payments and value-added solutions to merchants.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech